Over the next Several Weeks we will be posting a new and different one-minute video providing business tips and instructional commentary for small business owners. These tips will range from key metrics to consider to the importance of Business and Cash Flow Forecasting.
By doing a business and cash flow forecast you will know more about your business than 80% of your competitors know about theirs.
My name is Michael Barbarita from Next Step CFO providing outsourced CFO Services with your know your numbers minute.
The business and cash flow forecast is so revealing in terms of understanding the most effective business model you can have, that the business owner can’t help but begin to develop and implement the right strategies making their business more successful and more of a threat to their competitors. Why, because the business and cash flow forecast is a business model and if it does not work in the forecast it will not work when executing it.
And remember, the most successful business owners know their numbers.